USA Which should I open to support school: Trust Fund or 403b?

Trust or 403b (for alumni to support private school)

  • Trust

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  • 403b

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Hello all, I'm just looking for some opinions/advice.

I'm an alum of a private school, and am looking to set up an alumni trust fund (or 403b) so that alumni can support the school (a non-profit) as one entity, and have more of a voice. Should we open a Trust Fund or a 403b? (or some other option?)

Thanks for the input!
 

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